Walmart says more tariff-driven price hikes are coming this year

Source: Business Insider

Walmart CEO Doug McMillon says the retailer's customers continue to be "aware, smart, and value-conscious. "Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesWalmart said on an earnings call that tariff-related costs continue to increase each week. The retailer also said it managed to avoid some of the price hikes it expected last quarter.